Trump's (R) Social Media Company Truth Social, Trump Media and Technology Group (TMTG), reported a Loss of $238m (£176m) between April and June of 2026, as it Branched into Ventures unrelated to Media, including Cryptocurrencies. The Quarterly Loss is more than 10 times the Amount reported during the same period in 2025, according to TMTG, which runs Truth Social platform.
The Firm says it will Refocus on its Social Media mission, which includes a Controversial Service that offers Faster Access to Trump's Market-Moving Posts to Paying Customers. The TMTG interim Chief Executive Officer Kevin McGurn, said on 8/10/2026 that more than 10 Customers have Signed-Up for the New Service, with Charges up to $100,000 a Month.
The Company posted $1.7m in Revenue, which it said is up 89% from the same period a year before, but Suffered Overall Loss due-to the Ddrop in Cryptocurrencies It added that it Closed the Second Quarter with Total Assets of $2bn and Financial Assets of around $1.9bn, which includes Cash, Short-Term Investments and Digital Currencies.
The Group has yet to turn a Profit, even as it Expands into Areas including Cryptocurrency Holdings and Clean-Energy Investments. The Company posted $1.7m in Revenue, which it said is up 89% from the same period 2025, but Ssuffered Overall Loss dure to the Drop in Cryptocurrencies.
It added that it Closed the Second Quarter with Total Assets of $2bn and Financial Assets of around $1.9bn, which includes Cash, Short-Term Investments and Digital Currencies. The Group has yet to turn a Profit, even as it Expands into areas including Cryptocurrency Holdings and Clean-Energy Investments.
NYC Wins When Everyone Can Vote! Michael H. Drucker
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